Overview

Original Research

STRATEGY FOR DEVELOPING ENTREPRENEURIAL UNIVERSITY THROUGH UNIVERSITY SPIN-OFFS

LE NGUYEN DOAN KHOI 1, NGUYEN THI KIM HA 2, and NGUYEN MINH TAN 3.

Vol 18, No 01 ( 2023 )   |  DOI: 10.17605/OSF.IO/MFDQ4   |   Author Affiliation: Department of Scientific Research Affairs, Can Tho University, Vietnam 1; School of Economics, Can Tho University, Vietnam 2; Can Tho University of Technology, Vietnam 3.   |   Licensing: CC 4.0   |   Pg no: 1595-1601   |   Published on: 27-01-2023

Abstract

This paper indicated the perception of university-based companies. Spin-off is perceived by the market of investors as a signal of firm quality, with university-based firms registering higher valuations and lower uncertainty levels compared to a matched sample of independent firms. However, despite the benefits yielded by links with universities in terms of a greater propensity to innovation, in the long-term university spin-offs do not out-perform their counterparts. It analyses risk manifestations and management difficulties. Besides, the failure of entrepreneurs, seeing the organisation developing without them, pushes us to a subsequent and specific implication on exit strategies identified in this context.

Keywords

Strategy, Spin-Off, University Entrepreneurship